Pertento Partners LLP Raises Stock Holdings in Patria Investments Limited (NYSE:PAX)

Pertento Partners LLP raised its position in Patria Investments Limited (NYSE:PAX - Free Report) by 8.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,308,626 shares of the company's stock after purchasing an additional 270,075 shares during the quarter. Patria Investments accounts for about 3.3% of Pertento Partners LLP's holdings, making the stock its 15th biggest holding. Pertento Partners LLP owned about 5.54% of Patria Investments worth $38,479,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in PAX. R Squared Ltd bought a new stake in shares of Patria Investments in the fourth quarter worth $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Patria Investments in the 4th quarter valued at about $41,000. Roxbury Financial LLC bought a new stake in shares of Patria Investments in the 4th quarter valued at about $55,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Patria Investments in the third quarter valued at about $107,000. Finally, Pictet Asset Management Holding SA acquired a new position in shares of Patria Investments in the fourth quarter worth approximately $122,000. 96.27% of the stock is owned by institutional investors and hedge funds.

Patria Investments Trading Down 0.2 %

Shares of NYSE:PAX traded down $0.02 during trading on Wednesday, reaching $11.39. The stock had a trading volume of 213,091 shares, compared to its average volume of 526,611. Patria Investments Limited has a 52 week low of $10.50 and a 52 week high of $14.77. The firm's fifty day moving average is $11.73 and its 200 day moving average is $11.71. The stock has a market cap of $680.75 million, a price-to-earnings ratio of 22.78, a P/E/G ratio of 1.28 and a beta of 0.58. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91.

Patria Investments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.27%. The ex-dividend date of this dividend was Tuesday, February 25th. Patria Investments's dividend payout ratio (DPR) is presently 120.00%.

Patria Investments Profile

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.